This paper examines the cointegration of wheat market prices in Northern Bangladesh. Results are based on weekly wholesale price data on wheat collected from the Department of Agricultural Marketing (DAM) in eight markets in the Rangpur division of Northern Bangladesh. The data has 208 observations for wheat in each of the eight markets ranging over a period of January 2006 to December 2009. Johansen’s cointegration test reveals that most of the wholesale markets of wheat in the Rangpur division are co-integrated which indicates that price signals and information are transmitted smoothly across the markets. The discovery of the market integration appears to be quite significant for the success of price policy and market liberalization programs which are being undertaken in Bangladesh.
Article navigation
31 December 2011
Research Article|
December 31 2011
Cointegration Analysis of Rural Wheat Markets in Northern Bangladesh Open Access
Mohammad Ismail Hossain;
Mohammad Ismail Hossain
*
Department of Agricultural Economics, School of Agriculture, Aristotle University of Thessaloniki
, Thessaloniki
, Greece
*Corresponding Author: Ph.D candidate, Department of Agricultural Economics, School of Agriculture, Aristotle University of Thessaloniki, Thessaloniki, Greece, Phone: 0030 2310 857039, Mobile: 0030 6949027192, E-mail: mhossain@agro.auth.gr
Search for other works by this author on:
Eleni Papadopoulou;
Eleni Papadopoulou
Department of Agricultural Economics, School of Agriculture, Aristotle University of Thessaloniki
, Thessaloniki
, Greece
Search for other works by this author on:
Mst. Esmat Ara Begum
Mst. Esmat Ara Begum
Department of Agricultural Economics, School of Agriculture, Aristotle University of Thessaloniki
, Thessaloniki
, Greece
Search for other works by this author on:
*Corresponding Author: Ph.D candidate, Department of Agricultural Economics, School of Agriculture, Aristotle University of Thessaloniki, Thessaloniki, Greece, Phone: 0030 2310 857039, Mobile: 0030 6949027192, E-mail: mhossain@agro.auth.gr
Publisher: Emerald Publishing on behalf of Jungseok Research Institute of International Logistics and Trade
Received:
August 06 2011
Revision Received:
October 01 2011
Accepted:
October 31 2011
Online ISSN: 2508-7592
Print ISSN: 1738-2122
© 2011 Jungseok Research Institute of International Logistics and Trade
2011
Jungseok Research Institute of International Logistics and Trade
This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited
Journal of International Logistics and Trade (2011) 9 (2): 77–97.
Article history
Received:
August 06 2011
Revision Received:
October 01 2011
Accepted:
October 31 2011
Citation
Hossain MI, Papadopoulou E, Begum MEA (2011), "Cointegration Analysis of Rural Wheat Markets in Northern Bangladesh". Journal of International Logistics and Trade, Vol. 9 No. 2 pp. 77–97, doi: https://doi.org/10.24006/jilt.2011.9.2.77
Download citation file:
Recommended for you
These recommendations are informed by your reading behaviors and indicated interests.
